Johnson Controls International (JCI) Revenue — Quarter Ended Sep 30, 2024
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose significantly compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q4
Revenue increased in the current quarter compared to the prior quarter. The reported revenue also rose significantly compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.2B
Revenue reported for this quarter.
Quarter-over-quarter
+5.9%
Change from the immediately preceding quarter.
Year-over-year
+155.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$23B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $5.2B | -14.2% |
| Mar 31, 2024 | $5.6B | -16.3% |
| Jun 30, 2024 | $5.9B | -17.3% |
| Sep 30, 2024 | $6.2B | +155.6% |
Revenue performance
The quarter's revenue was higher than the immediately preceding quarter, continuing an upward trend from earlier periods. The year-over-year comparison showed a substantial increase.
Quarterly comparison
Revenue in this quarter exceeded the level of the prior quarter. Compared to the same quarter one year ago, revenue was markedly higher.
What to watch
The filing notes an increase in accounts receivable due to discontinuing a receivable factoring program, which may affect future cash flows.